Instead, it digitizes a credit or debit card chip and PIN transaction at a contactless point of sale terminal.

It is the same as contactless payments used in many countries, but it has an addition of two-factor authentication via face ID, touch ID, PIN or passcode.

Apple Pay enables Apple devices to wirelessly communicate with the point of sale systems by using NFC (Near Field Communication) technology, the Secure element (a dedicated chip that stores all the encrypted payment information) and Apple’s Touch ID.

With Apple Wallet, you can set the time or location you want an item added to the app to appear.

Apple Wallet gives the users a convenient way to organize and use boarding passes, reward cards, gift cards, and tickets.

The user can easily bring up passes in the app with PassKit APIs, post them on the web or send them via email.

This is different with Apple Pay since you can’t set the app to appear at the location or time you want.

You have to manually launch the app if you want to make a payment.

However, you can do this with the help of Apple Wallet because like we said earlier, the apps work hand in hand.

With Apple Pay, you send and receive money from friends and family and this can quickly be done right in messages.

You can use the cards that you already have in Apple Wallet to make payments.

When you receive money through Apple Pay, the money is added to your Apple Pay cash card that is in the Apple Wallet app.

You can use the money you receive to immediately start making purchases in stores, in apps and on the web.

With Apple Pay, you can transfer the balance you have on the app direct to your bank.

Wallet acts just like the normal wallet we know that is used to store all your debit and credit cards, loyalty and gift cards, coupons, boarding passes and tickets.

This means for you to use the Apple Pay app on your device, you must add all the cards you want to use in the Apple Wallet.

Apple Pay uses the cards you have added to your Wallet.

Wallet (AKA Passbook) is supported by almost everything from party services to movie theaters, coffee shops to airlines, conferences and loyalty cards.

You just have to fill up the Wallet.

Adding Wallet passes is not obvious on all apps,but there are places you can generally find them.

Adding cards to your Wallet varies depending on the apps depending on how the developer decides to use them.

Apple Pay, on the other hand, is only compatible or supported by iPhone 6 and above.

The users with lower versions of iPhone like iPhone 5 can use the app through Apple Watch,but it lacks Touch ID security.

Instead of the Touch ID, Apple Pay on an Apple Watch is activated with a passcode and remains active as long as the user wears the Watch.